Patterson Cos. (PDCO) Tops Q3 EPS by 5c, Offers Guidance

Go back to Patterson Cos. (PDCO) Tops Q3 EPS by 5c, Offers Guidance

Patterson Companies Reports Fiscal 2022 Third-Quarter Operating Results

March 2, 2022 7:00 AM EST

Reported net sales increased 2.9 percent year-over-year to $1.6 billion, and internal sales increased 4.3 percent. Drove adjusted operating margin improvement of 70 bps in the Dental segment and 10 bps in the Animal Health segment. Delivered third-quarter GAAP earnings of $0.58 per diluted share and adjusted earnings1 of $0.55 per diluted share. Raised fiscal 2022 GAAP earnings guidance range to $1.86 to $1.91 per diluted share and adjusted earnings1 guidance range to $2.08 to $2.13 per diluted share.

ST. PAUL, Minn.--(BUSINESS WIRE)-- Patterson Companies, Inc. (Nasdaq: PDCO) today... More